Angola: Why Luanda Has No Stock Exchange


Angola is Africa's fifth largest economy, its second producer of crude oil, a magnet for foreign direct investment and the custodian of one of the continent's biggest sovereign wealth funds.

Yet, rather surprisingly, unlike many of its smaller and poorer peers, Angola does...

Africa: The Constraints on African Stock Exchanges


Ironically, Africa's chronic economic underdevelopment may now be its greatest opportunity. After so many decades of sluggish economic growth and lagging far behind other continents, Africa can be regarded as a place of unmatched potential. In the post-crash world, where...